Facebook acquires geolocation service Gowalla

Facebook buys Gowalla.

According to sources close to Gowalla geolocation site, Facebook would acquire the company for a figure so far have not been revealed.

Gowalla is a service that allows users to perform check-in of the sites they visit from their mobile devices. Users are rewarded check ins elements.

This same source says that the majority of employees Gowalla and CEO, Josh Williams, will move to work at Facebook's offices in California. This team will join Gowalla work with the Facebook group of employees engaged in the timeline that the company introduced during the past F8. The remainder of the team may continue working Gowalla Austin.
This article provides answers to all voices have estimated that over time that Facebook should buy Foursquare.

It was unclear if Facebook Gowalla maintain the service as we know it or you disappear to integrate its technology into the social network. If we look at the actions of previous acquisitions Facebook (Beluga, Hot Potato, Drop.io, Snaptu) showed that the company has dismantled the purchased services and has joined the engineers working on them to your computer. Let's wait to see what happens finally disappear Gowalla that would leave the way open in the area of ​​check in to Foursquare.

Gowalla has received since its inception of $ 10.4 million in two rounds of funding that have participated in investment funds and angel investors and Founders Fund, Alsop Louie Partners, Greylock Partners, Shasta Ventures, Kevin Rose, Chris Sacca, Jason Calacanis, Shervin Pishevar, Gary Vaynerchuk, Ron Conway and FloodGate.